Here's one explanation from former Weebit Nano CEO Yossi Keret. I've read elsewhere that it is also easier to protect the company against hostile takeovers.
Here's one explanation from former Weebit Nano CEO Yossi...
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Last
$2.06 |
Change
0.070(3.52%) |
Mkt cap ! $389.1M | |||
| Open | High | Low | Value | Volume |
| $1.99 | $2.09 | $1.97 | $1.236M | 606.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25222 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.08 | 22002 | 2 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| WBT (ASX) Chart |